The Startup Ecosystem of Melbourne

Melbourne boasts 418 startups in our sample database which represents about 23% of Australia’s sampled startups. Melbourne is the 2nd best startup ecosystem in Australia.

CITY RANKING

While Melbourne decreased by 3 spots in its global rank in the Global Startup Ecosystem Index of 2022, its ranking in Australia remained stable at 2 nationally since 2021.

National Ranking

2nd
0
In Australia

Regional Ranking

2nd
0
In Australia and Oceania

Global Ranking

42nd
-
3
Worldwide

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ECOSYSTEM

Browse the startup ecosystem database of Melbourne

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Ecosystem

The Startup Ecosystem in Melbourne

Our startup ecosystem map for Melbourne includes a sample of 418 tech companies. We have identified as unicorns 4 startups that have passed the USD 1 billion valuations. Get the Pro account for unrestricted insights on this ecosystem.

Global Rank

Melbourne is ranked within the top 50 startup ecosystems globally.

Top Industries

Melbourne’s startups excel particularly in Energy & Environment where it ranks 4 and in Fintech, and Hardware & IoT. Find out more

Top Cities for Startups in Australia - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Rows:
2022 National Rank & Change ▲
2022 National Rank & Change City
search leaderboards icon
Global Rank & ChangeTotal ScoreQuantity ScoreQuality ScoreBusiness Score
1st
0
38th
-
2
20.490
3.98
12.87
3.64
2nd
0
42nd
-
3
17.142
2.85
10.65
3.64
3rd
0
101st
+
11
7.151
1.04
2.47
3.64
4th
0
166th
+
9
4.810
0.48
0.69
3.64
5th
0
239th
-
41
3.248
0.46
0.24
2.55
6th
0
243rd
+
6
3.118
0.49
0.18
2.45
7th
0
355th
-
86
1.495
0.18
0.15
1.17
8th
0
367th
-
91
1.414
0.18
0.12
1.11
9th
+
1
543rd
-
79
0.616
0.08
0.06
0.48
10th
-
1
622nd
-
183
0.475
0.06
0.04
0.37
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Startups

Notable Startups in Melbourne
Redbubble startup icon
Redbubble
mod.io startup icon
mod.io
Property Exchange Australia (PEXA) startup icon
Property Exchange Australia (PEXA)

Startups

Successful Energy & Environment startups in Melbourne
Amber Electric startup icon
Amber Electric

Startups

Startups Ranking by Industry

Energy & Environment icon
Energy & Environment
#4 worldwide

On our map, you can explore a total of 122 startups for Energy & Environment.

Fintech icon
Fintech
#25 worldwide

In Australia and Oceania, Melbourne's Fintech is in top 25. Melbourne has a concentration of about 0% of the country's total Fintech startups that are represented on our map.

Hardware & IoT icon
Hardware & IoT
#27 worldwide

Hardware & IoT is ranked 27th in the world. Our database contains 42 startups for this industry.

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ECOSYSTEM

Why should you join Melbourne's Startup Ecosystem?

Overview

Within Melbourne there is an increased attraction for entrepreneurs to set up their startups in industries such as Energy & Environment, Fintech, Hardware & IoT. These three industries represent about 52% of the startups represented on the Startup Ecosystem Map of Melbourne.

2nd

National Rank

2nd

Regional Rank

Overview

Melbourne is Australia's 2nd best startup ecosystem and is ranked 2nd in Australia and Oceania. With a population of 5M - 10M people, Melbourne is ranked th in the world. The city boasts some notable startup success stories including Redbubble.

ECOSYSTEM
Startup Infrastructure in Melbourne
With a large variety of initiatives, Melbourne's startup ecosystem stands out from other cities in Australia and Oceania. Melbourne offers a number of funding opportunities for entrepreneurs and startups. Below is a list of Melbourne's most prominent support initiatives:

Accelerators

CyRise startup icon

CyRise

Coworking Spaces

Hub Melbourne startup icon

Hub Melbourne

Hub Melbourne startup icon

Hub Melbourne

United Co. startup icon

United Co.

Organizations

Just VHA Cars startup icon

Just VHA Cars

iGen The Innovation Generation startup icon

iGen The Innovation Generation

Featured Ecosystem Portals

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BLOG

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EP 33: Do Small Countries Have an Edge in Building a startup Ecosystem?

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How can collaborating with StartupBlink as an ecosystem partner help your ecosystem and organization?

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